Eye to eye with the innovation paradox: why smart specialization is no simple solution to policy design.

This paper revisits common, yet often untested assumptions on factors hampering the implementation - or even clear articulation - of regional innovation strategies. Based on a dedicated framework drawing on political science literature, it reflects on whether there are merit and promise in future higher-level attempts to promote a more strategic take on regional innovation policy. It investigates which relevant factors in local politics, policy and administrative facilitate or prevent the definition of clear priorities for action. Drawing on a Europe wide survey of stakeholders managing strategic processes, it finds that while a number of obstacles need to be overcome, these are regionally specific rather than attributable to restrictive national cultures. Furthermore, it demonstrates how stakeholder involvement bears different challenges at different levels. [ABSTRACT FROM AUTHOR]